October 29, 2020 – The Court haring the Cinemex USA Real Estate Holdings, Inc. cases issued an order approving (i) the Debtors’ Disclosure Statement, (ii) proposed Plan solicitation and voting procedures and (iii) a timetable culminating in a November 24, 2020 Plan confirmation hearing [Docket No. 777]. Also on October 29th, the Debtors filed solicitation…

October 29, 2020 – The Court hearing the California Pizza Kitchen, Inc. cases confirmed the Debtors’ Second Amended Chapter 11 Plan of Reorganization [Docket No. 600].  On July 29, 2020, California Pizza Kitchen, Inc. and seven affiliated Debtors (“CPK” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern…

October 29, 2020 – The Court hearing the California Pizza Kitchen, Inc. cases confirmed the Debtors’ Second Amended Chapter 11 Plan of Reorganization [Docket No. 600].  On July 29, 2020, California Pizza Kitchen, Inc. and seven affiliated Debtors (“CPK” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern…

October 28, 2020 – The U.S. Trustee assigned to the Debtors' cases objected to the Debtors' Disclosure Statement [Docket No. 2427]. The U.S Trustee raises several interesting points which impact on these cases as well as on other asbestos-related cases. The U.S. Trustee's first objection centers on the Disclosure Statement's failure to note that section…

October 28, 2020 – In advance of their scheduled October 29th Plan confirmation hearing, the Debtors have filed a Second Amended Chapter 11 Plan of Reorganization which attaches a redline showing changes to the version of the Plan filed on October 1, 2020. The amendments do not materially alter the Plan as to classes and…